Singapore 1 October, 2013 - Hotelbeds, the leading global accommodation wholesaler, has improved its hotel portfolio in Asia with a new agreement signed with Swiss-Belhotel International, one of Asia's leading brands in international hotel management.

Swiss-Belhotel International currently manages 120 operating and project hotels in partnerships with owners across Asia, Middle East, Australia and New Zealand. The company has grown steadily since 1980 and now works with Hotelbeds in top destinations like Bali, Jakarta, Sydney and Kuwait.

Following this strategic partnership agreement, Hotelbeds clients will have the whole Swiss-Belhotel International  hotels portfolio available, with improved selling conditions, including lower market rates and last minute availability. Swiss-Belhotel International has access to Hotelbeds international client base of travel agents, airlines and tour operators, seeking accommodation from over 100 source markets.

MEAPAC is the largest geographic region for Hotelbeds worldwide and they have been growing its presence there, over the past two years Hotelbeds increased 21% its portfolio in MEAPAC, offering more than 10,000 hotels. It is also the fastest growing region due to its size, scale and market opportunities. The region is becoming more accessible to the international market, and continues to be popular domestically. During 2012, 52% of roomnights sales on the Hotelbeds online booking platform for MEAPAC destinations were generated from the international market.

Pablo Aycart, Managing Director, MEAPAC at Hotelbeds commented: "This is an important deal for Hotelbeds as we continue to build our hotel portfolio in Asia. We are already experiencing the benefits of this agreement and expect triple digit growth in the number of roomnights sold for Swiss Belhotel in the region by the end of the year."

Gavin Faull, Chairman and President, Swiss-Belhotel International, said: "Strong partners are vital to give excellent value to owners through stronger sales, and also support our growth as a hospitality management company. We are delighted to become a partner for Hotelbeds and are looking forward to our mutual success for many years to come."

About Hotelbeds

Hotelbeds (www.hotelbeds.com) is a global accommodation wholesaler with an online database of over 50,000 hotels in 183 countries. For the year ended 30 September 2012, Hotelbeds sold 16 million roomnights and outperformed the market with 23% growth (CAGR) in total transaction values (TTV) to 1.45 billion euros.

Hotelbeds was founded in Spain in 2001 following the acquisition of Barceló Travel Division by First Choice PLC in 2000. When TUI Tourism and First Choice Holidays PLC merged in 2007, Hotelbeds became part of the Accommodation & Destinations Sector of TUI Travel PLC, the international leisure travel company. Hotelbeds now has local teams operating across 47 countries.